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. as america demands compromise, on growing the economy and avoiding the fiscal cliff. the president today hosted an old fashioned lefty summit filled with labor chiefs and foreign liberal groups. he went to them ahead of business and the politicians are going to come later on friday. they are going to consider mitt romney's plan. he lost the election but might his ideas win out in the end? plus obamacare, continues to take it's toll on jobs. and one ceo's comments about it's plan are spurring a national movement to eat pizza. 48 days until the biggest tax hike in the history of the planet earth. president obama put labor and local interest groups to who knows what. senate minority leader had the perfect response on the senate floor today please take a lis ebb. >> the amount of revenue that they are prepared to put usual over the cliff over wouldn't fund the government for one week. so why in the world would we want to do that? what is the point? to make people feel good about whacking somebody else. >> so what is your answer to what mitch mcconnel said? go after rich people. why do it at
.s. economy from going over the so-called fiscal cliff. in the last 24 hours, newly relie detectorred president barak obama and house speaker john boehner have both vowed that they will not let this happen. but is that even possible given today's decisive political climate? before we get into the discussion, let's first listen to what both men had to say. >> this is an opportunity for the president to lead. this is his moment. >> i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced. >> arthel: let's talk about it now. matt is the former white house political director under president george w. bush. alexis is the executive director for the american values institute. good to see both of you. >> great to be here. >> arthel: very good. so let's say that each of you is going to broker this deal. tell me the concessions you would make and what would be the deal breakers. i'm going to go with you first, matt. >> okay. so i'm in the seat of power. i guess if i'm a republican, i want to make sure that if i'm going to negotiate a deal that i've
.s. economy due to hit the fiscal cliff, trillion of tax increases and spending cuts, president obama called for a catch henceive deal and said he is not going to one on the top 2%. >> we cannot afford to extend the bush tax cuts for the wealthy. we can make sure that middle class taxes don't go up. if we get that in place we are removing half of the fiscal cliff. >> speaker john boehner offered what he considers a balanced approach generating the revenue from tax reform and entitlement reform. late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he would like to simplify the tax code. mr. obama says he wants congress to act now to extend tax cut for middle class and tr
% that we can't afford and according to economists, will have the least positive impact on our economy. >> all right. i don't know about you, but to me, that sounds like a fairly staunch and unwavering position. and yet, the president did insist he's staying open to new ideas. take a listen to this one. >> i am open to new ideas, if the republican counterparts or some democrats have a great idea for us to raise revenue, maintain progressivity, make sure the middle class isn't getting hit, reduces our deficit, encourages growth, i'm not going to just slam the door in their face. i want to hear -- i want to hear ideas from everybody. >> all right. now, that second one -- that second one was pretty good, if you ask me. and again, i'm trying to be optimistic about tax reform rather than higher tax rates that will damage economic incentives. but does this really sound like somebody who's ready to make a deal? that's a big question. here now is cnbc contributor keith bicycoykin, and david web radio talk show host and co-founder of tea party 365. steve, did the president sound like he was rea
cliff, raising taxes in a slow economy. all of it is coming home to roost. >> mike, we had the president come out saying that he will veto any legislation that allows the tax cuts to be extended for the highest earners. is that what poured water on the rally? >> it didn't hurt. obviously, there was no breakthrough. i think the one thing to take away from today's action was the fever kind of broke a little bit in terms of the market really being hyper actively responding to every little knnuance. i think the market would have liked to see a little more affirmative suggestions that were going to come closer together. i don't think it was something that alarmed everybody, considering the height of panic that built up over a couple days. >> all right, guys. thanks so much. appreciate that. it has been a week to forget for the bulls. tough week after the election. courtney reagan wraps up the big losers and mixes in a few silver linings on the upside. court, over to you. i don't hear her. okay. courtney reagan, obviously her microphone, we're going to fix that in a moment and get back to her.
, you refer -- a couple of powerful phrase, you refer to ours being a rigged economy. if you could explain more clearly. >> guest: well, in a competitive market, government would set the rules and as the germans do, with what they call -- adjust the rules as businesses figure out how to game the rules to have as level a playing field. because the market will figure out best how to outfit capital and who should succeed. but it's also a natural tendency in a capitalist market to good toward monopoly where a couple of successful firms get bigger and bigger and remove competition. and when that happened you get constitute typhic indication. you don't want to take risks. you just want to mind the market, do what economists call rent-seeking, which means earning profits greater than a market economy. when you add to that these rules and regulations -- in the book, every chapter, -- i'm sure you a reading thises you have not read in the news media. i show how again and again and again the market is being rigged. this is terrible for the national economy and explains why we're in these eco
. everyone is going to play nice if we want the economy to grow. >> what about dividend payers? these companies are getting crushed as people speculate where dividend taxes go. jim, are you a buyer? you want to stay away? what do you want to do with dividend payers? >> until i get some clarity on the fiscal cliff, i would probably stay away from anything that would be a tax-related issue. the dividend payers would be high on the list. as far as what to do, i would agree with joe. gold was the story before the election. the argument was we were electing a president and a monetary policy. we elected the president that's going to continue the easy monetary policy. gold has been one of the few things that's been working through the election. i suspect it will continue to. >> all right. jeff, in the energy complex itself, what's the best opportunity right now? is it crude? is it heating oil? is it natural gas? what are you looking at? >> if you're a weather player, you certainly want to buy the heating oil. the way we've seen the last couple of days here, the weather has been very u
today that the economy is on the upswing, and you might be driving it. good morning, everyone. welcome to "weekends with alex witt," let's get to what's happening right now out there as we have new information today on the shocking resignation of cia director david petraeus. we have now learned the fbi opened an investigation into his biographer, paula broadwell, for allegedly accessing petraeus' e-mails. all this just a week before the general was set to testify before congress on the benghazi attack. joining me now is greg miller, national security correspondent for "the washington post." greg, what a morning. let's get right to it. i'd like to hear the latest that you've learned. >> well, you know, the big question now is what is the reason for this fbi investigation into this e-mail? and it does look like this is an access to a personal e-mail account. so, this is not a case, as it initially appeared yesterday, of david petraeus coming forward to clear a guilty conscience or something. this is a case where he was flushed out in the open by an fbi investigation that had to do with s
to do after yesterday. we'll talk more about the economy in a minute with david rosenburg. it was pretty clear yesterday that depending on how you wanted to spin it, could you say how do you do for another four years. i don't remember any euro news in the last six months no matter how bad it was, we didn't get it free handle. so there's more to it than just europe. >> it was the fiscal cliff, but also the financials got hit so hard. if it had been romney, the cliff would be less of a deal because they would stepped all of them. so now we know and we lettered it first hand yesterday. boehner said we're open to tax increase, but part of a bigger plan that involves spending cuts. dove did a bungee -- >> worst thing i ever did. >> but it goes down and then right back up. >> the worst part is you feel like you're connected on something, but don't. it's a free fall until the very he said and then he start to feel like i'm connected to something and it throws being back into the air. >> my question is let's say that it's not a bungee, let's say it's a rope. so you jump and then you -- that woul
the economy. some of it's politics of course. you've got leadership in the republican party and the democratic party that are watching their left and right flanks but ultimately i do think that there has been a lot of talk here in recent days in very careful language by both sides that will allow them to come together, avert the cliff, avert the see quester and do the grand bargain that was talked about last year sometime late next spring with entitlement reform and with tax reform. even republicans, there's lots of stirring among republicans about a recognition of a need for revenue, figuring out a pathway to get there without raising tax rates. we'll see if the president goes along with that. he's pretty rarely used raising tax rates. he has talked about raising revenue. those are two very different things as we know. >> how about that, julian. should democrats be happy if they get the revenue raised? does it matter where it comes from at the end of the day? >> i think mathematically it's very difficult unless you go back to the bush tax cut. the whole idea of the sledge hammer that's known
that's ever been reelected, and if his job really is to lower unemployment and raise the economy, if that's really what he wants, i don't think it is. i think he's a doctrine, big government, socialistic guy. but if he wants to help the economy, it's to cut government spending. balancing the budget doesn't matter if the budget is real high. >> he's taken -- he proposes to take money out of the private sector. $1.6 trillion, which kind of came out yesterday or the day before, blew everybody's mind. but how do you see this? stock market falling after the reelection. i know there are many factors in the stock market. but my question is this, t.j. from your vantage point out there and from your vantage point philosophically, what do you think the president wants to do? what do you think people reelected him to do? >> well, i'm not sure they reelected him to do anything. there's been a lot of blather about the obama mandate. the fact is it was an obama squeaker and if the republicans had put up a better candidate as ronald reagan got put up against jimmy carter, president obama would
thought that was amazing. it's a command economy. maybe they can pull it off. if they do it, they can take the whole world with them up, up. >> the governor hinting perhaps the data to be released tonight, tomorrow in china, will be better than expected. hinting at continuing slow growth. slow but it is growth and that's the important thing coming to china. we're getting notes and recognize there's certain china stocks. truck engines. we are seeing that last month was good. now, that's very contrary to what a lot of other retail and people saying retail commentary, distorted by the weather. but this china trade is gaining momentum, not losing momentum. at the same time that i feel that united states is losing momentum. >> interesting comments out of the boe. we knew that central banks doing nothing and governors now saying, qe which they have been pouring on for a long time, going to flatten out at the asset purchase levels and not having the impact. >> china trade. second is housing. i think they haven't done enough to be able to revitalize to be what i regard as the housing part of the g
slow down our economy. >> president obama from his part came into the east room. he also drew a line, but the line he drew was not insisting on higher tax rates but on higher tax revenues. >>> i'm not wedded to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced. >> so, larry, balance is the key for president obama, not necessarily increases in tax rates. signs of conciliation on both sides and late this afternoon the bipartisan policy center which has been pushing for a simpson bowles-type solution said they were encouraged by the flexibility shown on both side says. john harwood, appreciate it and let's get reaction, and we have republican whip senator john kyl from arizona and senator kyl as always, sir, thank you for coming on and let me just ask you, is this a new era of good feelings and is this an era of compromise and is this an era of common ground, mr. kyl? >> kumbaya. well, we hope so and you focused on precisely the issue here and maybe from what the
stop any economy in it's tracks. [ sound of train ] >> i mind why we aren't pummeled instead of being unchanged like yesterday is because there are factors that need to be flushed out on this show. ones that explain why things aren't going the intuitive way. i find this hope somewhat incredible. given the terrible track record of congress and the president. and the huge goal between the parts. after all, if you are president oba obama, you believe the election is over and your campaign received a ringing endorsement. but if you are a republican a, u have to believe that those republicans that do not want to rise above politics are banks on massive declines in spending to wreck the economy f. if you are a republican, in permanent campaign mode, i'm sure one of your advisers going off the fiscal cliff might be the best thing in terms of the election. worse, if you are a democrat, you might think the defense spending cuts could be coming and you might think that is good. there is a sense that those who want to stimy the president are going to be targeted by other politicians and yes, the
a tax cut for folks who don't need it. >> the issue there is we are not going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. there are ways to put revenue on the table without increasing tax rates. >> what's your reaction? >> i'm actually more hopeful than al is. >> you used to be more depressed. what's gotn n tten to you? >> i spent the last few days here. i am more hopeful. we got a democrat president who's in his second term, who's been willing to put entitlement programs on the line. we got a speaker, a republican, who really gets it, who understands that we have to have some decisi additional revenue. we have over half a senate who have embraced a balanced plan like we've proposed. and we've got this fiscal cliff, which will force action. i think they are pretty pitch saying the same thing. both of them are saying we have to have revenue. the president says, look, i want that revenue to be real. the only way i don't know fknow real for sure it to raise the tax rate. the speaker is saying there's a better way to do it. that
to affect real change. get the economy back in line. get america back on the feet. >> greg: andy levy said something to me. we were at a bar drinking, 25% of the population that wants free stuff. another 25% that wants to give them free stuff. that is 50%. conservatives have to come up with a message that fights the idea of free stuff. that says that free will and free country cannot exist if you are dependent on the government for free stuff. >> bob: don't make it that simplistic. >> greg: democrats do. >> bob: it includes people on social security and medicare. you to deal with that. it's not people asking for handout. they put money away, expecting they were going to get it back. this is not an entitlement -- >> greg: how did that work out? >> bob: the reality is they still get it. we have to borrow and pay it. >> eric: will there be more or less people on food stamps four years from now? >> bob: far fewer. >> eric: that's not been the course. >> bob: the economy will change -- >> kimberly: i hope you are right. >> dana: in listening to president obama's speech last night and talking ab
timing of this. we explore the economy and everything else tonight on fox business. that will do it here. good night. >> andrea: this is a fox news alert. breaking news. in tonight from washington, we just learned a short while ago that general david petraeus, the director of the c.i.a. resign from his post citing personal reasons. specifically,en extramarital affair. joining us with the details and latest development on the surprising news is "special report" host bret baier. bret? >> c.i.a. director resigned as the nation's top spy saying he had engaged in an extra marital affair and his words showed extremely poor judgment. the story developed late today after words spreading of a hastily scheduled meeting for petraeus at the white house thursday. >> does the president have full faith and confidence in president petraeus? >> the president thinks general petraeus has done an excellent job. >> he believes general petraeus did an excellent job. no personnel announcements to make today. >> as the briefing was going on, details started to emerge about the resignation and letter to
coalition and perhaps the fact that the economy got a little bit better is another fundamental fact but all these other things preoccupied us for some time. you can only, looking back, see those 20 debates that bushed everybody, including romney who became a moderate much too late to get that nomination. >> it is still striking. you have some 70% in the exit polls who believe the economy is in bad shape, 52% who feel like the country is off on the wrong direction. a lot of opposition thought to president obama and his policies and yet he prevails because of a coalition ever expanding that believes in a certain role for government, bob, that is opposed to where the republicans would like to take it. >> i think the big picture here is that president obama has got to deliver on the big issue, which is fixing the financial house of the u.s. federal government, it is in disarray, not just the fiscal cliff but $16 trillion in ious out in the world. in a couple of months, in february or march, they are going to have to renegotiate borrowing authority for another trillion or two dollars and if the
on the economy. but in fact, that's the part of the bargain that you have to do. and we're at historic lows on revenues. so i've always agreed to it. i voted for the simpson-bowles, i've been part of the gang of six, gang of eight. i agree that we have to go there, but how we go there is very important in terms of the incentives for capital investment in this country. and we have do it in a way that does not diminish that. >> let me turn quickly to lessons from this election and where things go beyond this negotiation over fiscal matters. senator schumer, immigration. are we going to get comprehensive immigration reform? it sounds like, if you listen to the house speaker, they've had a chang of heart, they want a comprehensive plan. is there news to be made on this? >> yeah, i think so. senator graham and i have talked, and we have resuming the talks that were broken off two years ago. we had put together a comprehensive, detailed blueprint on immigration reform. it had the real potential for bipartisan support based on the theory that most americans are for legal immigration but very much
said they would damage the economy. our economy is growing slower now than it was then. we are really regulating to disaster. >> epa in 2010, diana? $23 billion of regulatory costs for the year 2010. >> that's what epa says. it is really probably a lot more than that. i mean, thee regulations, the mercury, the car ever carbon, ozone, each cost $100 billion each. >> all right. >> they don't have to justify them with benefits because it is maximum achievable control technology. in other words, they want to get as much as they can out of the air and don't have to justify the benefits. >> all right. robert, let me bring you in. you got your own epa in california. and you got your own cap and trade in california. and you got your own tax hikes in california. i guess everybody is going to move to texas. is that true? leave town and go to texas? >> we are certainly going to do everything we can to prevent that. we are hoping to work with the governor and he will do the same. >> you don't really believe that, do you? i mean, governor brown wanted the tax hikes. governor brown is one of the bi
that the central bank can't do much more to shelter the economy. >> we need to completely reboot tax policy and spending policy. if we have temporary fixes to the fiscal cliff, just push out the envelope of indecision until we have a sense of true direction, and it's time for our politicians to get their act together. >> fisher says he does not view the fed as a safety net. that is certainly a change of perception, one that congress is going to have to figure out pretty quickly along with the rest of washington. >> that it is. there's been a number of interviews this morning that would lead you to the same place. cisco reporting better than expected first quarter earnings in revenues, but the tech giant expects flat earnings and slower revenue growth for the current quarter. john chambers sees europe getting worse before it gets better, but he says there are signs of improvement in the u.s. economy. >> we want to be the one company that both exceeds expectations and doesn't bring down guidance. so kind of a hint on terms of what we see. it really says we're in the right spots for growth. mo
drawing lines that they say they will not cross. the major hurdles, that threat to send the economy into a tailspin, that's coming up next. >>> plus a nascar race turning into a full-scale brawl. look at this. mayhem breaking out of the everybody going at it. we'll tell you what set it off. after this. ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. jenna: well come back, everyone. now let's return to the economy. the president and house speaker john boehner are suggesting they are willing to compromise to prevent our economy from going over that so-called fiscal cliff but both sides are digging in their heels whether or not to race tax rates for the wealthy. rich edson of the fox business network watching this all for us in washington. democrats got the white house, they got the senate. how are they beg
-term health of our economy? we debate straight ahead. >>> and coming unraveled. he's the man some say is a bigger crook and liar than bernie madoff. >> how many people who are condemning what i did would know for sure they would never do anything like what i did if they knew they wouldn't get caught? >> we get the scoop about mark drier from a former employee who produced the award-winning documentary about one of wall street's biggest scam artists. that's all ahead on the "closing bell." i just want to give her everything. [ whistles ] three words dad, e-trade financial consultants. they'll hook you up with a solid plan. wa-- wa-- wait a minute; bobby? bobby! what are you doing man? i'm speed dating! [ male announcer ] get investing advice for your family at e-trade. >>> welcome back. let's check groupon shares. the stock down sharply today after reporting disappointing earnings moments ago. john fortt breaking down the numbers. 10.7 pv 10.7% lower. >> yeah, the stock traded up into the close. revenue fell short. $568.6 million versus $590 expected. eps flat, basically zero. 3 cents
. the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a whole lot of millionaires to boot. >> that was before the election. that was in the -- let's see, think some convention? very clear where president obama was and very clear where the american people voted. americans want progressive action, including higher taxes on the wealthiest americans. this is a pivotal moment for the democrats. the republicans are already trying to make it hard. president obama reached out right after the election victory. he was told that they were already asleep. today speaker boehner told abc news tax increases are still off the table. >> putting increased revenues on the table but through reforming or tax code. i would do that if the president were serious about solving our spending problem and trying to security or entitlement programs. >> revenue through reforming or tax code? this is the same stuff voters just rejected. this was a bright spot in boehner's interview. he was asked if republicans will still pursue full repeat. >> i think the election
, positioning themselves to blame the other if things fall apart. sam say it would drive the economy back into a recession. the halls of the capitol, eerily quiet as congress commemorates veterans day. but this stillness will soon be replaced by frenzy to avoid the fiscal cliff. public posturing, however, is well under way. we can't accept an unfair deal that piles all of this on the middle class and tells them they have to support it. >> you do have to have revenues on the table. but that does not mean raising taxes. >> reporter: but there are new cracks in that gop pledge, conservative commentator bill crystal. >> it won't kill the country if we raise taxes a little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000. >> reporter: he doesn't get a vote. gop senator bob corker does. >> we know there has to be revenues. look, i haven't met a wealthy republican or democrat in tennessee that's not willing to contribute more, as long as they know we've solved the problems. >> reporter: still, even if republicans agree t
influential ceos at the white house today to discuss the fiscal cliff and the economy, not a single banking boss would be in attendance. not jamie dimon, not lloyd blank fine. no one. how is it that wall street has no representation in wall street today when the fiscal cliff is by far the issue that matters most to the markets. >> thanks for inviting me on. >> if the president was looking for a better relationship with wall street this go-round, he has a heck of a way of showing it. >> well, look, everybody's going to get their chance to talk to the president. i actually thought lloyd blankfein's op-ed was conciliatory. he mentioned to being open among financial types to tax increases on high income folks. so, i think that was a good signal. i guarantee you, everybody's going to get their audience with the president on this issue, including financial folks. so, let's not overreact. >> well, this is the big audience today, though, jared. you have some of the nation's most high profile ceos. amx is not a bank, it's a credit card company, so it doesn't really count in our book. do you think th
of stock back. so that is a theme here. but the media showing else the uncertainty about the future economy, we're not sure where we're headed, scattered and so forth. >> this is the nonfiscal cliff, mlts believing in themselves roerm. because you at home don't want to buy it so we'll take it. >> hate to think where we would be without it, without this whole phenomenon during this year. >> bernanke hasn't talked about how that would be balance repair. >> i will tell you right now -- >> i'm trying to be positive. >> forget it, nothing happening in the next six weeks. >> too many holiday parties. >> let's worry, maybe next year. >> five more days until my kids are back. >> reporter: well, folks, happy thursday. this means one week to happy thanksgiving. people here are exhausted. they are trying to find any possible iteration to defying the fiscal cliff. i just talked to a trade never an investment conference that i talk to all the time. he said stock, mutual fun and etf sellers are everywhere in this conference are concerned about taxes and the fiscal cliff. general depression is what's goin
economy has hurt sales. this is a trade down play. a weak economy is supposed to help sales. we also hear from walmart, gap, and target. and these three have been on a tear. can we continue? i think the storm might impact how well they're doing and i fear these stocks are all too high. maybe you sell some wednesday? on the other hand, the stock of ross stores has been horrendous already. maybe that one can bounce on thursday morning. i do think it's cheap and it has great growth. friday morning foot locker reports. as foot locker goes so goes nike. we have the goldman sachs industrial conference that starts monday. we think that china is turning. how much? how soon? we'll find out next week. tuesday's best buy. they're having an analyst day and this one should be down right comical. company is challenged everywhere. previous management wants to buy the company back, amazon. then we get the credit suisse. we will get the best of the best at this conference which is the biggest of the year for that sector. it also tells you what is big in the pharma pipe. and humana has an investor day next
go up for everyone. it could have a potentially disastrous impact on the economy. congress is off but they do come back tomorrow and on friday congressional leaders are expected at the white house. oh, to be a fly on the wall on that one. dana bash is going to be with them. i'm kidding. she is not. it's going to be very closed door. but don't you wish you could be in that meeting and do you think that anything will actually happen? >> oh, of course. because, look, publicly since the election there's been a more conciliatory tone on both sides of the aisle. it's been a basic post election posturing after what really generally is a status quo election. look, it is very cliche, ashleigh, the devil is in the details. democrats say they want to let tax cuts for those making $250,000 or more expire and the president campaigned on that two elections in a row. this time he says he means it. that would mean rates would go up. for the most part, republicans are saying that they may be okay with raising revenue, raising some taxes, but not those tax rates. i want you to listen to republican
>> policymakers to talk about the global economy for the next 30 minutes. we have a wide terrain to spend. to the left is robert zellich, former president of the world bank. austin, former chairman of the economic advisers under prawsm, and michael who spoke last night briefly, and he's the chief economic adviser for george hw or bush and now a stanford economic professor. i want to start out with the united states. for people in the room understand the president as well as us and golsby. people ask what is going to come of this fiscal cliff. i'd like to look through the fiscal cliff asking you to describe to us how do you see the budget negotiations playing out over the next six months? >> well, feels to me like they almost had a deal last year. the principle bottleneck last year was not that the president was unwilling to offer cuts. it was that there was a group of republicans in the house who wouldn't go for the revenue, and i think that's still the bottleneck now. you probably saw the article this morning from hubbard, what boehner said, and i take from this collection some
as a business leader who could create jobs and fix the economy. but when we asked who'd do a better job of handling the economy, romney ended up with only about a one-point advantage here, 49% to 48%. so the president effectively neutralized the economy issue which had been thought to be so dangerous for him. scott? >> pelley: anthony, thanks very much. as nancy cordes was just telling us, we're about seven weeks from those automatic tax increases and budget cuts that are due to kick in automatically. congress design the so-called fiscal cliff to be so painful that it would force a compromise between the white house and capitol hill. but the voters have returned the same politicians wh politicianst reach a deal last time. here's wyatt andrews. >> just weeks away from now loom it is so-called fiscal cliff. >> reporter: under pressure from the fiscal cliff, house speaker john boehner started a public negotiation with the president. saying republicans would accept an increase in tax revenues if they're tied to tax and entitlement reform. day one after the election and the speaker said it w
, charges and expenses. read and consider it carefully before investing. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. can it know when ite needs to be repaired? and when it doesn't? in industries like manufacturing and energy, they're using predictive analytics to detect signs of trouble helping some companies save millions on maintenance, because machines seek help before they're broken. and don't when they're not. that's what i'm working on. i'm an ibmer. let's build a smarter planet. >> schieffer: this was a close election, so there were almost as many people who felt bad about it as good about it. so if you're one of those who is down in the dumps, just think abou
Search Results 0 to 49 of about 192 (some duplicates have been removed)